Navistar to close Texas plant, cut 900 jobs

Updated Nov 16, 2012

Rsz International

Truck maker Navistar announced Tuesday that it plans to close its truck assembly plant in Garland, Texas, a move that will cut 900 jobs in order to save costs, according to the Chicago Tribune.

The Tribune reports that Navistar expects the plant closure to reduce operating costs between $25 million and $35 million each year. The news comes after the manufacturer already laid off 800 salaried workers earlier in the year in order to save another $70 million to $80 million each year.

Both moves are in an effort to cut annual costs by $150 million to $175 million.

The Garland plant’s production will be moved to Navistar plants in Escobedo, Mexico, and Springfield, Ohio beginning in January 2013.

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